Past 4 hours saw liquidations across the entire network 187000000 USD, with long positions accounting for 173000000 USD
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AT A GLANCE
BlockBeats, citing Coinglass, reported that the past 4 hours saw liquidations across the entire network 187000000 USD, of which long positions accounted for 173000000 USD。
Article
Past 4 hours saw liquidations across the entire network 187000000 USD, with long positions accounting for 173000000 USD BlockBeats reported that,October 23, according to Coinglass data, the past 4 hours saw 187000000 USD in long-position liquidations, 173000000 USD in short-position liquidations, 14460000 USD.
In the past 24 hours, 104,046 people were liquidated, with total liquidations amounting to 455000000 USD. The largest single liquidation occurred on Binance - BTCUSDT, valued at 11777200 USD.
Original link https://m.theblockbeats.info/flash/373278
Key points
01
According to Coinglass data, the past 4 hours saw liquidations across the entire network 187000000 USD。
02
In the past 4 hours, long-position liquidations totaled 173000000 USD, and short-position liquidations totaled 14460000 USD。
03
In the past 24 hours, 104,046 people were liquidated, with total liquidations amounting to 455000000 USD。
04
The largest single liquidation occurred on Binance's BTCUSDT, valued at 11777200 USD。
05
The date marked in the body of the report is October 23。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Liquidation” refers to the forced liquidation of a leveraged position. The original report states that, over the past 4 hours, the liquidation amount mainly came from long positions; the largest single record appeared in Binance's BTCUSDT trading pair.
Why it matters to readers
A relatively large-scale liquidation event occurred within a short period, with long positions accounting for the majority, indicating that leveraged long positions came under concentrated pressure during that period. Relevant traders should watch for short-term volatility and the risk of continued liquidations.
Beginners should treat liquidation data as a warning of market leverage risk rather than use it alone as a basis for buying or selling; using leverage may result in the forced liquidation of a position.
Risks and unknowns
The report only cited Coinglass data and did not provide the original Coinglass data page or independent cross-verification.
The report did not specify which platforms and assets were covered by the statistical scope.
The report only states October 23, without specifying the year.
The report did not disclose complete liquidation data for individual assets such as BTC、ETH.
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Related concepts
Liquidation
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